Wedneday's Currency News, Euro best rate yet!

Euro climbs sharply on bank capital hopes Single currency bounces off nine-month low in late trading after the Financial Times reported that EU ministers were discussing additional aid BNY Mellon sued over currency rates The justice department and New York accused the bank of fraudulent pricing by purchasing and selling foreign exchange at the worst daily rate Stocks rebound on hopes of euro bank deal US equities avert bear market on report of euro banks being strengthened Brazilian economy set for a slowdown Goldman Sachs cuts growth expectations to 3.5% as domestic manufacturers struggle with rising interest rates, a strong currency and a weakening global economy UK wins ground on derivatives regulation Objections to EU rule change dropped as George Osborne, the UK finance minister, hails a clutch of 'significant steps forward'